The more new coins that are present in the crypto market, will certainly enliven the crypto world. My question is how do you look at the future of the altcoin, with fairly tight competition. Will it affect the price of old altcoins, such as Ethereum, XRP and others.
Some top altcoins can depreciate, as it was before. This can happen due to poor performance of development Team or actions of Regulators, as well as due to withdrawal of investments in other coins. It is necessary to monitor your portfolio and time to get rid of unpromising coins.